The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1887-08-11
The Cotton Movement,

From the Now York Financial Chron-
iclo's cotton article Of July 30 the follow
ing figures are gathered relative to the
movement Of the staple during the past
week:
For the week ending July 20 the total
receipts reached 1851 bales, against
1926 bales last week, 1000 bales the
previous week, and 1861 bales three
weeks since; making the total receipts
since tho LIST September, 1886, 5,204, 679
bales, against I, 298, G72 bales for the same
period of 1856, showing n decrease since
September l, 1886, of 93,993 bales.
The exports for the week reach total
of %, l45 bulcs, Of which Is, 597 were to
Great Britain, 2, 2G0 to France and 4, ,2SS
to the rest of tho continent. The i'm
ports into continental ports were 5000
bales.
There was an increase III tho cotton in
sight of 1899 bales us compared with
the same date of 1856, an increase OF
36,5l7 bales as compared with the cor
responding date OF 1885, and decrease
Of 313, ,S7S bales as compared with 1884.
The old interior stocks have decreased
during the week 1,35G bales, and were,
Friday night, 30, GS7 bales less than ut
the same period last year. The receipts
Mt tho samo towns have been G,532 bales
less than the samo week last year, and
since September | the receipts mt ell the
towns are II, ,2S7 bales less than for the
same timo in 1856.
The total receipts from the planta-
tions since 1st September, 1856, arc
5, lSi, BOO bales; in 1885 were 5,34O, ,4IS
bales; i'll 1SSI-5 wcro 4,727,27G bales.
Although the receipts at the outports for
the past week were =, ,58l bales, the actual
movement from the plantations was only
l., $3.50 bales, the balance being taken from
the stocks at the interior towns. Lut
year the receipts from the plantations
for the same week We're 1876 bales, and
for 1850 they SGG bales.
Upto june 80 the receipts mt the ports
this year were &C, 907 bales less than III
1886, and LIB, ,9GO bales moro than al
the same time in lSSi-5. This STATE
mcnt shows that the receipts since Sep.
tembcr l, up to last Friday night, were
81, ,808 bales less than they were to the
sam0 day Of the month in 1886, and
4S2, $50 bales moro than they were to
the same day Of the monin in 1850.
The Chronicle says that the spcculn-
ton in cotton for future delivery Mt New
York was fairly active for the week under
review, but the course OF prlcCS wN&
quite ungGttlGd, developing at times some
irrcgularity, rs between this and tie
next crop. On Saturday tho hcut ana
the half holiday caused an almost com
pletc desertion of the Cotton Exchange
after the first call On Monday the
market opened penicly, but the declin,
in this crop was fully recovered; on
Tuesday, however, this crop was lower
nj Il
ton to squeeze Southern operators who
had been selling freely, putting out full
lines Of contracts, and at the close some
pressure was shown i'll July contracts,
which was moro conspicuous on Wcdncs-
day, when thcr" was an advance "ulong
the whole line" Thursday there was a
material decline in the next crop, the
bull movement Of the previous day get
ting no support from any quarter. On
Friday August options declined 81 points
and the next crop was much depressed.